Newly Built Three-Bedroom House in Santa Margalida
€895,000€3,792/m²
Santa Margalida, Santa Margalida, Spain
3
bedrooms
3
bathrooms
236 m²
interior
341 m²
plot
House
property type
7 Jun 2026
listed
The Habio take
AI summaryDiscover this newly built three-bedroom house in Santa Margalida, offering 236m² of modern living space. This peaceful town in Mallorca is known for its charming atmosphere and proximity to stunning beaches.
- beach
- family
- new build
- quiet
Highlights
- Three spacious bedrooms, each with an ensuite
- Modern design with ample living space
- Generous 341m² plot size
- Two floors for versatile living arrangements
- Close to the beautiful Mallorcan coastline
Worth knowing
- Limited local amenities in immediate area
- No specific mention of outdoor space features
Good fit for: Ideal for those seeking a modern home in a tranquil Mallorcan setting.
Lifestyle scores
- Beach
- 70
- Walkable
- 60
- Remote work
- 65
- Family
- 70
- Retirement
- 80
- Airport access
- 80
- Investment
- 75
- Luxury
- 75
- Value
- 70
About this place
Explore this impressive newly built property in Santa Margalida offering a comfortable lifestyle. The house sits on a 341m2 plot with two floors totaling 228m2 of living space.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
Spain ended its Golden Visa property route in April 2025. Non-resident mortgages are widely available, typically 60–70% LTV. Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax. Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
